Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

U.S. Senate passes Schumer bill to boost U.S. computer-chip production
WASHINGTON, D.C. — The U.S. Senate on Wednesday passed the CHIPS bill, which would provide $50 billion in federal incentives to bring semiconductor manufacturing back

Taitem Engineering adds two new board members
ITHACA, N.Y. — Taitem Engineering, PC, a design engineering and energy-consulting firm, announced it has appointed two new directors to its board. Betsy Parrington is

Lockheed Martin in Owego awarded more than $11.6 million Navy order
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded an $11.63 million cost-plus-fixed-fee order against a previously issued contract. This order

White House recognizes Syracuse Build program among ARPA-funded initiatives
SYRACUSE, N.Y. — The White House recognized the program Syracuse Build in a recent news release about the administration’s American Rescue Plan Act (ARPA)-funded initiatives.

Hamilton College hires new VP for facilities and planning
CLINTON, N.Y. — Hamilton College announced that Mike Klapmeyer is joining the college Aug. 1 as the new associate VP for facilities and planning. Klapmeyer

Schumer touts his semiconductor bill, which will soon get U.S. Senate approval
A proposed federal law that would provide a semiconductor incentive, scientific research, and “technological competitiveness” to bring manufacturing back from overseas to places like upstate
New York oat production is forecast to increase nearly 29 percent this year
New York farms are expected to produce almost 2.54 million bushels of oats this year, up nearly 29 percent from 1.97 million bushels in 2021, according to a July 1 forecast from the USDA National Agricultural Statistics Service (NASS). Yield per acre for oats in New York state is forecast to fall 4.4 percent to

Marquardt expands into the drone industry, adding local jobs
CAZENOVIA, N.Y. — Marquardt, an electro-mechanical component designer and manufacturer with a plant in the Cazenovia area, recently announced it has entered into the drone technology industry, which will bring new manufacturing business and jobs to the area. Marquardt, which has been in Central New York for 41 years, said is a major supporter of

Central New York projects win FuzeHub manufacturing grants
ALBANY, N.Y. — Clients of the CNY Biotech Accelerator in Syracuse and the Koffman Southern Tier Incubator in Binghamton, along with a project at Cornell University, have secured manufacturing grants. The nonprofit FuzeHub, which is based in Albany, issued nine grants totaling $450,000 with money through the Jeff Lawrence Innovation Fund. All projects were allocated

GrammaTech gets options picked up on $27.6M Navy contract
ITHACA, N.Y. — GrammaTech, Inc. has been awarded a modification to a previously awarded contract from the U.S. Navy, bringing the total value of the pact to nearly $27.6 million. The cost-plus-fixed-fee modification is for the effort entitled, “Matured and Enhanced Total Platform Cyber Protection (TPCP) Technologies for Improved Security (METIS),” according to a July
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.